Alibaba Coin

by Alibabacoin Foundation

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Mindexcoin

by Mindexcoin

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Decred

by Decred

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Alibaba Coin

by Alibabacoin Foundation

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Mindexcoin

by Mindexcoin

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Decred

by Decred

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What problem does this service solve?

Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier.Mindexcoin does not appear to have any benefits compared to other cryptocurrencies.Decred is a decentralized currency with a strong emphasis on community participation.

Token Stats

Company Description

Alibaba Coin is a digital currency that plans to implement blockchain-based facial recognition technology that will allow users to make transactions by showing their faces to a merchant's camera. Alibaba Coin was created by a company in Dubai, and has no relation to the Chinese online retail giant.

Mindexcoin is developing a universal payment platform powered by the Ethereum based token, MIC. Their marketing materials do not clearly outline any unique selling points, or advantages, that it will provide compared to other blokchain-based payment platforms.

Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform.
Decred has a hybrid Proof-of-Activity (PAC) consensus algorithm that combines the mining of Proof-of-Work (PoW) with the stake verifying model of Proof-of-Stake (PoS). It's designed to incentivize the community to participate and to reward both miners and stake verifiers. When DCR is mined, PoW miners receives 60% of the coins, PoS voters receive 30%, and 10% goes towards the development of the Decred platform.

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